7/19, 9:37 AM (Source: TeleTrader)
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Average price of gasoline in US lowest since May - AAA

The average price of gasoline in the United States fell under $4.5 for the first time in two months, American Automobile Association (AAA) revealed on Tuesday.

Today, the average price came in at $4.495, while the record-high of $5.016 had been documented on June 14. Drivers in the country's west still pay the most for gasoline, while southern and southeastern states have the lowest prices.

White House economic adviser Jared Bernstein claimed yesterday that the recent drop in the price of gasoline has been the fastest in decades.

Baha Breaking News (BBN) / MS